Property profile

4149 Chestnut St Riverside, CA 92501

OFF-MARKET
Office buildings
Property ID
US09-3480007
2,685 SF 0.18 ac lot Built 2020
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,285-square-foot freestanding executive office building, constructed in 2023, presents a unique investment opportunity in the heart of Riverside, California. The property boasts a prime location adjacent to downtown Riverside, offering easy access to a vibrant business community and a diverse range of amenities. The building includes six dedicated parking spaces, a significant advantage in a bustling urban setting. Its modern design and construction ensure energy efficiency and a contemporary workspace. The building's central location provides convenient access to the 91 Freeway, facilitating seamless commutes for employees and clients. The property's 2,285 square feet are ideally suited for a variety of professional services, including legal, financial, insurance, or accounting firms. Furthermore, the property includes an approximately 700-square-foot accessory dwelling unit (ADU), offering additional flexibility and potential for various uses. With an asking price of $1,375,000, this property offers a compelling price per square foot of $601.75, reflecting its superior location, modern construction, and ample parking. This is a rare opportunity to acquire a high-quality, centrally located executive office building in a thriving California market. The property is situated at 4149 Chestnut Street, Riverside, CA 92501.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2020
Construction WOOD
Total area 2,685 SF
Lot 0.18 ac (7,840 SF)
Zoning code DSP
APN 215-221-006
UPID US09-3480007

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4149 Chestnut St Riverside, CA 92501-3538
Riverside metro Census 30300 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
$915k
Comparable Approach Comparable
$864k
Blend (final) Blend
$1.20M

Owner & transaction history

since 2025
Last sale
$1.4M
7 recorded transactions
2025
$1.4M
2025
Price N/A
2024
Price N/A
2024
Price N/A
2021
Price N/A
2019
Price N/A
2019
Price N/A

Zoning & alternative use

DSP · Riverside, CA
Top alternative use upside
Auto repair, garage $1.2M +63.8%
Medical building $785,000 +7.9%
Warehouse, storage $750,000 +3.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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